Flat 52, The Oxygen, 18 Western Gateway, London, E16 1BL is a leasehold flat built between 2003-2006. The property offers approximately 549 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £412,917 , which equates to approximately £752 per square foot. It was last sold on 12 May 2008 for £250,000. Since then, the value has increased by £162,917, representing a 65.2% increase, or approximately 3.7% per year.

The current estimated value of £412,917 is:

  • 36.6% lower than the average property price on Western Gateway
  • 15.3% lower than the average in the E16 1BL postcode area
  • and 52.8% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 16 November 2020, the property was recorded as rented.

View sold house prices in E16 1BL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£412,917
Price Per sq ft (estimate)
£752
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 52, The Oxygen, 18 Western Gateway, London, Newham, Greater London, E16 1BL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Nov 2020.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully triple glazed.

The previous EPC assessment was conducted on 6 Feb 2009. The rating of C remains the same, but the energy efficiency score improved by 12.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric underfloor heating to community scheme, improving energy efficiency from very poor to good.
  • The hot water system was changed from electric instantaneous at point of use to community scheme, with its energy efficiency improving from very poor to good.
  • The windows were upgraded from fully double glazed to fully triple glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in 15% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in 15% of fixed outlets
Poor

Compared to E16 1BL

75 th / 91
Price Rank
15% lower than average
65 th / 88
Size Rank
20% smaller than average
51 st / 88
Price Per Sq FT Rank
6% higher than average

Compared to other properties in E16 1BL , this flat's estimated value ranks 75th out of 91. Based on price per square foot, it ranks 51th out of 88 properties. In terms of size, this home ranks 65th out of 88 properties in its postcode area.

Sale History

Today
£412,917
streetscan.co.uk estimate
+65 %
12 May 2008
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 581 sq ft
sale price: £320,000
sale date: 28 Apr 2023
rooms: 2
size: 538 sq ft
sale price: £310,000
sale date: 30 Mar 2023
rooms: 2
size: 527 sq ft
sale price: £300,000
sale date: 1 Mar 2023
rooms: 2
size: 538 sq ft
sale price: £300,000
sale date: 1 Mar 2023
rooms: 2
size: 549 sq ft
sale price: £285,000
sale date: 1 Mar 2023

Data Sources

The property at Flat 52, The Oxygen, 18 Western Gateway, London, Newham, Greater London, E16 1BL appears once in the Land Registry records, with the transaction recorded on 12 May 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Nov 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.